Marathon Petroleum (MPC) Financials: Revenue & Earnings

MPC price $441.71 +5.73 +1.31%

Ticker
MPC
Price
$441.71
Change
+5.73 +1.31%
Market cap ?
$124.04B
P/E ?
16.20
Forward P/E ?
6.75
Dividend yield ?
0.85%
Beta ?
0.54
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Stocklytics score
63
Value
66
Quality
42
Growth
82

Stocklytics score rationale: value 66, quality 42, growth 82.

Financials

2016201720182019202020212022202320242025
63339000000747330000008608600000011114800000069779000000119983000000177453000000148379000000138864000000132699000000

Marathon Petroleum Corporation (MPC) functions as a prominent integrated energy enterprise, primarily concentrating its downstream operations across the United States. Its business is bifurcated into two main divisions: Refining & Marketing, and Midstream. The Refining & Marketing segment is responsible for processing crude oil and various other raw materials at its refineries, strategically located in the U.S. Gulf…

Fair value

MPC fair value $632.97. Price $441.71. Price is 30% below fair value.

Above fair value, and more expensive than usual. A larger premium than on 95% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 12.90B. Growth 0.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 280.82M. Net debt 30.69B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare MPC

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-11-03—25.37—46.60B
2026-08-0417.7314.2752.34B40.87B
2026-05-051.650.7434.57B33.42B
2026-02-034.072.7233.42B31.08B
2025-11-043.013.1534.81B33.45B
2025-08-053.963.2433.80B33.32B
2025-05-06-0.24-0.5431.85B31.87B
2025-02-040.770.0233.47B33.14B
2024-11-051.870.9835.37B34.34B
2024-08-064.123.0937.76B36.66B
2024-04-302.582.4232.71B32.07B
2024-01-303.982.2036.33B34.66B
2023-10-318.147.7541.03B40.05B
2023-08-015.324.5936.38B34.11B
2023-05-026.095.7434.86B35.57B
2023-01-316.655.6739.92B33.93B
2022-11-017.817.0745.79B35.85B
2022-08-0210.618.0454.24B40.34B
2022-05-031.491.1138.38B30.83B
2022-02-021.300.5635.44B21.16B
2021-11-020.730.7232.49B23.13B
2021-08-040.670.4529.73B21.82B
2021-05-04-0.20-0.7222.79B19.27B
2021-02-02-0.94-1.4218.02B23.96B
2020-11-02-1.00-1.7517.43B29.59B
2020-08-03-1.33-1.8612.22B19.77B
2020-05-05-0.16-0.2422.23B48.85B
2020-01-291.560.8528.04B21.48B
2019-10-311.631.3827.58B26.28B
2019-08-011.731.3327.36B25.79B
2019-05-08-0.09-0.0228.29B15.70B
2019-02-072.411.9832.41B28.55B
2018-11-011.621.7023.04B24.12B
2018-07-262.272.0322.36B19.96B
2018-04-300.080.1418.90B37.73B
2018-02-011.050.9621.16B19.42B
2017-10-261.771.4819.30B16.17B
2017-07-271.031.0718.26B18.89B
2017-04-270.06-0.0516.33B13.57B
2017-02-010.430.2615.35B14.70B

Dividends

Yield 0.91%. Payout ratio 13.57%. Frequency Quarterly.

Safety score 91/100 · Safe. Payout ratio is 14% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 16 separate years. Yield is 0.9%, which is modest.

Ex-dateDividendRecordPaymentFrequency
2026-08-19$1.002026-08-192026-09-10Quarterly
2026-05-20$1.002026-05-202026-06-10Quarterly
2026-02-18$1.002026-02-182026-03-10Quarterly
2025-11-19$1.002025-11-192025-12-10Quarterly
2025-08-20$0.912025-08-202025-09-10Quarterly
2025-05-21$0.912025-05-212025-06-10Quarterly
2025-02-19$0.912025-02-192025-03-10Quarterly
2024-11-20$0.912024-11-202024-12-10Quarterly
2024-08-21$0.822024-08-212024-09-10Quarterly
2024-05-15$0.822024-05-162024-06-10Quarterly
2024-02-20$0.822024-02-212024-03-11Quarterly
2023-11-15$0.822023-11-162023-12-11Quarterly
2023-08-15$0.752023-08-162023-09-11Quarterly
2023-05-16$0.752023-05-172023-06-12Quarterly
2023-02-15$0.752023-02-162023-03-10Quarterly
2022-11-15$0.752022-11-162022-12-12Quarterly
2022-08-16$0.582022-08-172022-09-12Quarterly
2022-05-17$0.582022-05-182022-06-10Quarterly
2022-02-15$0.582022-02-162022-03-10Quarterly
2021-11-16$0.582021-11-172021-12-10Quarterly
2021-08-17$0.582021-08-182021-09-10Quarterly
2021-05-18$0.582021-05-192021-06-10Quarterly
2021-02-16$0.582021-02-172021-03-10Quarterly
2020-11-17$0.582020-11-182020-12-10Quarterly
2020-08-18$0.582020-08-192020-09-10Quarterly
2020-05-19$0.582020-05-202020-06-10Quarterly
2020-02-18$0.582020-02-192020-03-10Quarterly
2019-11-19$0.532019-11-202019-12-10Quarterly
2019-08-20$0.532019-08-212019-09-10Quarterly
2019-05-15$0.532019-05-162019-06-10Quarterly
2019-02-19$0.532019-02-202019-03-11Quarterly
2018-11-20$0.462018-11-212018-12-10Quarterly
2018-08-15$0.462018-08-162018-09-10Quarterly
2018-05-15$0.462018-05-162018-06-11Quarterly
2018-02-20$0.462018-02-212018-03-12Quarterly
2017-11-15$0.402017-11-162017-12-11Quarterly
2017-08-14$0.402017-08-162017-09-11Quarterly
2017-05-15$0.362017-05-172017-06-12Quarterly
2017-02-14$0.362017-02-162017-03-10Quarterly
2016-11-14$0.362016-11-162016-12-12Quarterly
2016-08-15$0.362016-08-172016-09-12Quarterly
2016-05-16$0.322016-05-182016-06-10Quarterly
2016-02-12$0.322016-02-172016-03-10Quarterly
2015-11-16$0.322015-11-182015-12-10Quarterly
2015-08-17$0.322015-08-192015-09-10Quarterly
2015-05-18$0.252015-05-202015-06-10Quarterly
2015-02-13$0.252015-02-182015-03-10Quarterly
2014-11-17$0.252014-11-192014-12-10Quarterly
2014-08-18$0.252014-08-202014-09-10Quarterly
2014-05-19$0.212014-05-212014-06-10Quarterly
2014-02-14$0.212014-02-192014-03-10Quarterly
2013-11-18$0.212013-11-202013-12-10Quarterly
2013-08-19$0.212013-08-212013-09-10Quarterly
2013-05-14$0.172013-05-162013-06-10Quarterly
2013-02-15$0.172013-02-202013-03-11Quarterly
2012-11-19$0.172012-11-212012-12-10Quarterly
2012-08-14$0.172012-08-162012-09-10Quarterly
2012-05-14$0.122012-05-162012-06-11Quarterly
2012-02-14$0.122012-02-162012-03-12Quarterly
2011-11-14$0.122011-11-162011-12-12Quarterly
2011-08-15$0.102011-08-172011-09-12Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-08-31Lyon Shawn MSell1.00K$375.75375.75K
2026-08-28Lyon Shawn MSell425$368.51156.62K
2026-08-27Brzezinski Erin MSell570$362.79206.79K
2026-08-17Benson Molly RBuy7.20K$47.73343.47K
2026-08-17Benson Molly RBuy5.00K$47.73238.65K
2026-08-17Benson Molly RSell5.00K$358.571.79M
2026-08-17Benson Molly RSell7.20K$47.73343.47K
2026-08-17Benson Molly RSell5.00K$47.73238.65K
2026-08-17Benson Molly RSell5.00K$47.73238.65K
2026-08-13Lyon Shawn MSell2.50K$350.00875.00K
2026-08-12Henschen Michael A IISell6.01K$341.562.05M
2026-08-03Mannen Maryann T.Sell908$311.78283.10K
2026-06-04Henschen Michael A IIBuy4.96K$49.94247.90K
2026-06-04Henschen Michael A IISell1.37K$268.75368.73K
2026-06-04Henschen Michael A IISell4.96K$268.851.33M
2026-06-04Henschen Michael A IISell4.96K$49.94247.90K
2026-05-13Hessling Ricky D.Sell1.00K$250.00250.00K
2026-04-30SURMA JOHN PBuy728——
2026-04-30STICE J MICHAELBuy728——
2026-04-30SEMPLE FRANK MBuy728——
2026-04-30Rucker Kim K.W.Buy728——
2026-04-30Paterson Eileen P.Buy728——
2026-04-30Ellison-Taylor Kimberly NBuy728——
2026-04-30COHEN JONATHAN ZBuy728——
2026-04-30CAMPBELL JEFFREY CBuy728——
2026-04-30Bayh EvanBuy728——
2026-04-30Al Khayyal Abdulaziz FahdBuy728——
2026-03-13Hessling Ricky D.Sell1.63K$228.18371.02K
2026-03-12Hessling Ricky D.Sell478$228.00108.98K
2026-03-12Hessling Ricky D.Sell559$230.00128.57K
2026-03-11Hessling Ricky D.Sell1.49K$224.51333.40K
2026-03-11Hessling Ricky D.Sell325$226.0073.45K
2026-03-11Lyon Shawn MSell1.19K——
2026-03-02Mannen Maryann T.Sell952$206.30196.40K
2026-03-02Mannen Maryann T.Sell778$206.30160.50K
2026-03-02Mannen Maryann T.Sell2.24K$206.30461.29K
2026-03-02Lyon Shawn MSell257$206.3053.02K
2026-03-02Lyon Shawn MSell237$206.3048.89K
2026-03-02Lyon Shawn MSell279$206.3057.56K
2026-03-02Hessling Ricky D.Sell192$206.3039.61K
2026-03-02Hessling Ricky D.Sell282$206.3058.18K
2026-03-02Hessling Ricky D.Sell312$206.3064.37K
2026-03-02Hessling Ricky D.Sell2.03K——
2026-03-02Henschen Michael A IISell167$206.3034.45K
2026-03-02Henschen Michael A IISell123$206.3025.37K
2026-03-02Henschen Michael A IISell191$206.3039.40K
2026-03-02Floerke Gregory ScottSell278$206.3057.35K
2026-03-02Floerke Gregory ScottSell251$206.3051.78K
2026-03-02Floerke Gregory ScottSell278$206.3057.35K
2026-03-02Brzezinski Erin MSell49$206.3010.11K
2026-03-02Brzezinski Erin MSell42$206.308.66K
2026-03-02Brzezinski Erin MSell59$206.3012.17K
2026-03-02Benson Molly RSell171$206.3035.28K
2026-03-02Benson Molly RSell284$206.3058.59K
2026-03-02Benson Molly RSell348$206.3071.79K
2026-03-01Mannen Maryann T.Buy15.27K——
2026-03-01Khoury Maria ABuy2.44K——
2026-03-01Lyon Shawn MBuy1.73K——
2026-03-01Hessling Ricky D.Buy2.75K——
2026-03-01Henschen Michael A IIBuy2.29K——
2026-03-01Floerke Gregory ScottBuy1.73K——
2026-03-01Brzezinski Erin MBuy509——
2026-03-01Benson Molly RBuy2.54K——
2026-02-12Henschen Michael A IISell5.29K$202.321.07M
2026-02-12Henschen Michael A IISell511——
2026-02-01Khoury Maria ABuy1.57K——
2026-01-19Khoury Maria AOther0——
2025-12-12Lyon Shawn MSell86$185.7715.98K
2025-12-12Hessling Ricky D.Sell98$185.7718.21K
2025-12-12Henschen Michael A IISell160$185.7729.72K
2025-12-12Hennigan Michael JSell466$185.7786.57K
2025-12-12Floerke Gregory ScottSell85$185.7715.79K
2025-12-12Benson Molly RSell107$185.7719.88K
2025-08-15Benson Molly RBuy10.88K$62.68681.90K
2025-08-15Benson Molly RSell10.88K$163.001.77M
2025-08-15Benson Molly RSell10.88K$62.68681.90K
2025-08-01Mannen Maryann T.Sell908$166.39151.08K
2025-07-03Rucker Kim K.W.Sell7.39K$175.001.29M
2025-06-01Henschen Michael A IIOther0——
2025-05-01SURMA JOHN PBuy1.28K——
2025-05-01STICE J MICHAELBuy1.28K——
2025-05-01SEMPLE FRANK MBuy1.28K——
2025-05-01Rucker Kim K.W.Buy1.28K——
2025-05-01Paterson Eileen P.Buy1.28K——
2025-05-01Ellison-Taylor Kimberly NBuy1.28K——
2025-05-01COHEN JONATHAN ZBuy1.28K——
2025-05-01CAMPBELL JEFFREY CBuy1.28K——
2025-05-01Bayh EvanBuy1.28K——
2025-05-01Al Khayyal Abdulaziz FahdBuy1.28K——
2025-04-01GALANTE EDWARD GBuy94——
2025-04-01TOMASKY SUSANBuy94——
2025-04-01Al Khayyal Abdulaziz FahdBuy94——
2025-04-01Bayh EvanBuy94——
2025-04-01BUNCH CHARLES EBuy94——
2025-04-01CAMPBELL JEFFREY CBuy94——
2025-04-01COHEN JONATHAN ZBuy94——
2025-04-01Ellison-Taylor Kimberly NBuy94——
2025-04-01Paterson Eileen P.Buy94——
2025-04-01Rucker Kim K.W.Buy94——
2025-04-01SEMPLE FRANK MBuy94——

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 2.01K, holders +54 vs prior quarter. Ownership 75.12%.

HolderSharesChangeChange %Value
BLACKROCK, INC.26.01M1.61M+6.60%6.65B
VANGUARD CAPITAL MANAGEMENT LLC19.07M-95.81K-0.50%4.88B
STATE STREET CORP18.47M-553.12K-2.91%4.72B
VANGUARD PORTFOLIO MANAGEMENT LLC15.63M-40.85K-0.26%4.00B
GEODE CAPITAL MANAGEMENT, LLC8.35M529.63K+6.77%2.13B
MORGAN STANLEY5.89M-186.16K-3.07%1.51B
RAYMOND JAMES FINANCIAL INC5.68M-88.81K-1.54%1.45B
FMR LLC5.42M508.64K+10.36%1.39B
BANK OF NEW YORK MELLON CORP4.03M73.79K+1.87%1.03B
BOSTON PARTNERS3.52M-2.13M-37.77%905.82M
WELLINGTON MANAGEMENT GROUP LLP3.25M-2.39M-42.31%831.48M
NORTHERN TRUST CORP3.13M-50.81K-1.60%799.24M
DIMENSIONAL FUND ADVISORS LP3.06M-31.90K-1.03%781.45M
GOLDMAN SACHS GROUP INC2.88M129.75K+4.71%737.50M
JPMORGAN CHASE & CO2.74M-699.61K-20.36%709.28M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.2.62M2.62MNew670.50M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC2.62M-106.88K-3.92%670.50M
NORGES BANK2.47M2.47MNew630.43M
BANK OF AMERICA CORP /DE/2.43M-162.92K-6.28%621.83M
INVESCO LTD.2.34M-487.61K-17.24%598.53M
AMUNDI2.24M332.55K+17.45%572.17M
AMERIPRISE FINANCIAL INC2.03M-193.41K-8.70%519.54M
UBS GROUP AG1.84M168.03K+10.03%471.07M
PRICE T ROWE ASSOCIATES INC /MD/1.84M556.80K+43.40%470.41M
VANGUARD FIDUCIARY TRUST CO1.66M-1.66K-0.10%424.21M

Earnings and financials

Marathon Petroleum Corporation (MPC) trades at $441.71, with a market cap of $124.04B and a trailing P/E of 16.20. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.

Financials

2016201720182019202020212022202320242025
63339000000747330000008608600000011114800000069779000000119983000000177453000000148379000000138864000000132699000000

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Marathon Petroleum (MPC) Financials: Revenue & Earnings

MPC$441.71+5.73 +1.31%

$124.04B

Market Cap

16.20

P/E

6.75

Forward P/E

63

Score

Price History